UniSuper Management Pty Ltd Boosts Holdings in Capital One Financial Co. (NYSE:COF)

UniSuper Management Pty Ltd boosted its holdings in Capital One Financial Co. (NYSE:COF) by 241.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,825 shares of the financial services provider’s stock after buying an additional 8,362 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Capital One Financial were worth $1,761,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Cantor Fitzgerald Investment Advisors L.P. purchased a new position in Capital One Financial in the 4th quarter worth about $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in Capital One Financial by 21.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock worth $4,093,000 after buying an additional 4,840 shares during the last quarter. Twin Tree Management LP raised its position in Capital One Financial by 5.6% in the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock worth $10,200,000 after buying an additional 3,609 shares during the last quarter. Montag A & Associates Inc. raised its position in Capital One Financial by 42,536.0% in the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock worth $2,795,000 after buying an additional 21,268 shares during the last quarter. Finally, First Trust Direct Indexing L.P. raised its position in Capital One Financial by 14.3% in the 4th quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock worth $1,667,000 after buying an additional 1,588 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of a number of recent analyst reports. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a research report on Thursday, April 4th. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Wells Fargo & Company boosted their price objective on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research note on Wednesday, April 10th. Evercore ISI cut their price objective on Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research note on Tuesday, June 25th. Finally, Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Hold” and an average price target of $145.89.

Capital One Financial Trading Up 0.6 %

NYSE:COF traded up $0.91 during midday trading on Wednesday, hitting $146.41. 4,174,118 shares of the company traded hands, compared to its average volume of 2,553,246. The firm’s fifty day moving average is $139.01 and its 200-day moving average is $138.54. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $153.35. The firm has a market capitalization of $55.67 billion, a P/E ratio of 11.57, a P/E/G ratio of 1.14 and a beta of 1.45. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing the consensus estimate of $3.28 by ($0.14). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The company had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.57 billion. During the same quarter in the previous year, the company posted $3.52 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. On average, sell-side analysts predict that Capital One Financial Co. will post 13.4 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Insider Transactions at Capital One Financial

In other news, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the sale, the insider now directly owns 73,734 shares in the company, valued at $11,060,100. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the sale, the insider now directly owns 10,246 shares in the company, valued at $1,475,833.84. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares in the company, valued at approximately $11,060,100. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 56,311 shares of company stock worth $8,274,640. 1.30% of the stock is currently owned by insiders.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.